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HSMNX
Mutual Fund ticker: NASDAQ
AS OF
Dec 17 closing price
Price
$38.63
Change
-$0.51 (-1.30%)
Net Assets
253.46M

HSMNX Horizon Multi-Factor Small/Mid Cap Inv Forecast, Technical & Fundamental Analysis

Category SmallBlend
A.I.Advisor
published Highlights

Industry description

The investment seeks capital appreciation. The fund seeks to achieve its investment objective by investing primarily in small and mid-cap U.S. equity securities. In addition, it employs defensive techniques, including strategic portfolio positioning, to achieve lower overall volatility as compared to the market generally. Under normal circumstances, the fund will invest not less than 80% of the value of its net assets in the equity securities of small and mid-cap U.S. issuers. Its investment adviser generally considers small and mid-cap issuers to be those that are within the range of the S&P 600 and S&P 400 indices, respectively, when purchased.

Market Cap

The average market capitalization across the Horizon Multi-Factor Small/Mid Cap Inv MF is 17.37B. The market cap for tickers in the group ranges from 9.98B to 31.06B. FICO holds the highest valuation in this group at 31.06B. The lowest valued company is BLD at 9.98B.

Volume

The average weekly volume growth across all stocks in the Horizon Multi-Factor Small/Mid Cap Inv MF was 15%. For the same stocks of the MF, the average monthly volume growth was 54% and the average quarterly volume growth was 20%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 66
P/E Growth Rating: 33
Price Growth Rating: 48
SMR Rating: 31
Profit Risk Rating: 13
Seasonality Score: 17 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category SmallBlend

Profile
Fundamentals
Details
Category
Small Blend
Address
Horizon Funds13024 Ballantyne Corporate Place, Suite 225Charlotte
Phone
(704) 544-2399
Web
www.horizonmutualfunds.com
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HSMNX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, HSMNX has been closely correlated with FTHFX. These tickers have moved in lockstep 97% of the time. This A.I.-generated data suggests there is a high statistical probability that if HSMNX jumps, then FTHFX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To HSMNX
1D Price
Change %
HSMNX100%
-1.30%
FTHFX - HSMNX
97%
Closely correlated
-1.47%
FSSNX - HSMNX
93%
Closely correlated
-1.18%
VSMAX - HSMNX
92%
Closely correlated
-1.13%
VSCPX - HSMNX
92%
Closely correlated
-1.13%
NAESX - HSMNX
91%
Closely correlated
-1.13%
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